Getting ready to deal with change

SHARED FROM:

     ACCOUNTANTS IN THE FUTURE

     BY MAJELLA GOMES

     ACCOUNTANTS TODAY, DECEMBER 2010

 

Getting ready to deal with change should be everyone’s priority.  Awareness among accounting profession has become heightened especially in the area of bringing openness and transparency since the aftermath of the accounting and financial scandals.

Accountants need to have a more open minds and collaborate with others if they want people to take them seriously.  With a dynamic environment, accountants need to stay relevant where greater political-professional engagement may be beneficial.

Change within the accounting profession can eventually create positive impact on a global scale.  To be effective, accountants have to set aside the attitude of professional exclusively, leave their silos, and understand how other people work.

Being open, accessible and accepting of change will go a long way.  With the demands and complexity of compliance increasing, the challenges faced are how to manage regulation and make it work in across boarder world.

Being sustainable means:

• Making the most of scarce and limited resources
• Making do with what you have
• Not living beyond your means

Flexibility, adaptability and versatility are now prerequisites.  Corporate navigator who can chant a variable course for the business, who has the correct information and can able to formulate appropriate strategy at the material time, will be of more relevant than an accountant.